ADS-TEC Energy PLC (NASDAQ:ADSE – Get Free Report)’s stock price dropped 6.5% during trading on Thursday. The stock traded as low as $10.20 and last traded at $10.2840. Approximately 8,770 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 12,677 shares. The stock had previously closed at $11.00.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of ADS-TEC Energy in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, ADS-TEC Energy has a consensus rating of “Sell”.
Read Our Latest Stock Report on ADS-TEC Energy
ADS-TEC Energy Price Performance
ADS-TEC Energy (NASDAQ:ADSE – Get Free Report) last posted its quarterly earnings data on Wednesday, September 30th. The company reported ($0.37) earnings per share for the quarter. The business had revenue of $4.20 million for the quarter.
ADS-TEC Energy Company Profile
ADS-TEC Energy plc (NASDAQ: ADSE) develops battery-based energy storage and electric vehicle (EV) charging technology. Its systems are designed to support high-power charging where the local electricity grid may not provide sufficient capacity, using integrated battery storage to help manage peak demand and reduce the need for extensive grid upgrades.
The company’s product portfolio includes the ChargePost and ChargeBox platforms, which combine battery storage, power electronics and EV charging capabilities.
Featured Stories
- Five stocks we like better than ADS-TEC Energy
- Everyone in AI Is Quietly Copying Palantir’s Playbook
- Advanced Micro Devices Is Spending $8.2 Billion to Learn What AI Needs Next
- JPMorgan Bets on Genius Sports as the Market Loses Patience
- Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
Receive News & Ratings for ADS-TEC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADS-TEC Energy and related companies with MarketBeat.com's FREE daily email newsletter.
